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Nairaland Forum / Nairaland / General / Business / NNPC Denies Owing Rivers Community N36bn Royalty (482 Views)
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NNPC Denies Owing Rivers Community N36bn Royalty by Mediamerge: 8:56am On Jun 04, 2018 |
By Energy Worth Nigerian National Petroleum Corporation (NNPC) has dismissed rumours of an approved N36 billion compensation said to be due to Alesa-Eleme community in Rivers State as royalty for playing host to the Port Harcourt Refining Company, a subsidiary of the corporation. The corporation’s Group General Manager, Group Public Affairs Division, Mr Ndu Ughamadu, traced the origin of the phantom compensation story to a traditional ruler, regarded as a claimant to the Alesa-Eleme traditional stool. According to the corporation, the said traditional ruler went to town with the fake story after a purported meeting with the Minister of State for Petroleum Resources (HMSPR) and Board Chairman of the corporation, Dr. Emanuel Ibe Kachikwu. Read more...http://energyworthonline.com/2018/06/04/nnpc-denies-owing-rivers-community-n36bn-royalty/ |
Re: NNPC Denies Owing Rivers Community N36bn Royalty by MANNABBQGRILLS: 9:00am On Jun 04, 2018 |
If you owe them, kindly give them their money in time please. This marginalization must stop! |
Re: NNPC Denies Owing Rivers Community N36bn Royalty by Nobody: 9:06am On Jun 04, 2018 |
That's not even possible, even states don't get that much royalty |
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